How To Make $3000 A Month Selling Used Electronics On Amazon FBA!
Published on: November 30 2022 by Carter Maxwell
How To Make $3000 A Month Selling Used Electronics On Amazon FBA!
Table of Contents About How To Make $3000 A Month Selling Used Electronics On Amazon FBA!
How To Make $3000 A Month Selling Used Electronics On Amazon FBA!
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00:00:00 | 00:00:04 | what's up everyone Carter Maxwell here |
00:00:02 | 00:00:07 | and in this video I'll be going over how |
00:00:04 | 00:00:10 | you can start your own Amazon business |
00:00:07 | 00:00:14 | buying and selling used electronics to |
00:00:10 | 00:00:16 | resell a back on Amazon FBA now used |
00:00:14 | 00:00:18 | electronics are great items to sell on |
00:00:16 | 00:00:19 | Amazon for a few different reasons one |
00:00:18 | 00:00:21 | of the reasons being you can usually |
00:00:19 | 00:00:24 | store some pretty cheaply from you know |
00:00:21 | 00:00:25 | thrift stores garage sales and maybe |
00:00:24 | 00:00:27 | your offer up or Craigslist anywhere |
00:00:25 | 00:00:29 | from I'd say around ten to thirty |
00:00:27 | 00:00:31 | dollars and usually when it comes to |
00:00:29 | 00:00:33 | selling electronics you're able to pick |
00:00:31 | 00:00:35 | out some really really high price high |
00:00:33 | 00:00:37 | margin high profit items it usually will |
00:00:35 | 00:00:39 | sell anywhere from two to three hundred |
00:00:37 | 00:00:41 | dollars so in this video I'll be showing |
00:00:39 | 00:00:43 | a few different locations that you can |
00:00:41 | 00:00:46 | go and source these different |
00:00:43 | 00:00:47 | electronics what exact electronics you |
00:00:46 | 00:00:50 | should be looking for you know DVD |
00:00:47 | 00:00:51 | players and VCR players CD changes what |
00:00:50 | 00:00:54 | electronics you should be looking for as |
00:00:51 | 00:00:56 | well as how you can quickly scale your |
00:00:54 | 00:00:58 | business to three thousand dollars per |
00:00:56 | 00:01:00 | month and beyond so when it comes to |
00:00:58 | 00:01:03 | buying and reselling electronics on |
00:01:00 | 00:01:05 | Amazon you need to understand what items |
00:01:03 | 00:01:06 | you should be looking for now as you can |
00:01:05 | 00:01:09 | see on here there's already a few items |
00:01:06 | 00:01:13 | you know from you know printers I'd say |
00:01:09 | 00:01:14 | CD changers DVD players I mean anything |
00:01:13 | 00:01:16 | that you could possibly sell in Amazon |
00:01:14 | 00:01:18 | that's an electronic is something that |
00:01:16 | 00:01:20 | you could possibly be finding at you |
00:01:18 | 00:01:22 | know Goodwill's garage sales I mean |
00:01:20 | 00:01:24 | there's tons and tons of times I'm a |
00:01:22 | 00:01:27 | nice old printers I've sold I think I've |
00:01:24 | 00:01:29 | sold the projector before one time you |
00:01:27 | 00:01:31 | know I've sold some keyboards before I'm |
00:01:29 | 00:01:33 | not sure if that's electronic or not I |
00:01:31 | 00:01:37 | think it is you know I sold some cameras |
00:01:33 | 00:01:40 | a computer or two and a ton of a ton of |
00:01:37 | 00:01:42 | you know DVD players surprisingly VCRs |
00:01:40 | 00:01:44 | and CD changers as well so now that you |
00:01:42 | 00:01:46 | have a better understanding of you know |
00:01:44 | 00:01:48 | what sort of items you should be looking |
00:01:46 | 00:01:49 | for now it comes to the poor actually |
00:01:48 | 00:01:51 | gonna go to different places and start |
00:01:49 | 00:01:54 | sourcing and for a lot of people usually |
00:01:51 | 00:01:55 | confuse they don't really know where to |
00:01:54 | 00:01:57 | source they only know a few locations |
00:01:55 | 00:02:00 | well there's tons of places that you can |
00:01:57 | 00:02:01 | source profitable electronics from the |
00:02:00 | 00:02:03 | first being garage sales now there are a |
00:02:01 | 00:02:05 | few different ways you can find garage |
00:02:03 | 00:02:07 | sales obviously you can go and you know |
00:02:05 | 00:02:09 | you can drive around and try to find |
00:02:07 | 00:02:11 | signs on the side of the road or you can |
00:02:09 | 00:02:13 | kind of make a map or a game plan before |
00:02:11 | 00:02:15 | you believe your house using |
00:02:13 | 00:02:17 | garage-sale finder dot-com website out |
00:02:15 | 00:02:20 | there just type in your city or your zip |
00:02:17 | 00:02:23 | code and once you've typed in basically |
00:02:20 | 00:02:25 | for that upcoming weekend it's gonna |
00:02:23 | 00:02:27 | show you all the sales you know like |
00:02:25 | 00:02:30 | within that area so obviously and I'm |
00:02:27 | 00:02:31 | recording this on a Tuesday so there's |
00:02:30 | 00:02:33 | actually not going to be you know too |
00:02:31 | 00:02:34 | many sales ready for that next week and |
00:02:33 | 00:02:36 | they usually start listing them around |
00:02:34 | 00:02:38 | mainly around Thursday or maybe some on |
00:02:36 | 00:02:41 | Wednesday as well but you know you can |
00:02:38 | 00:02:42 | find a few sale listen for instance this |
00:02:41 | 00:02:44 | is what its gonna look like you know |
00:02:42 | 00:02:47 | it's gonna have like a little flag right |
00:02:44 | 00:02:48 | here you know you can click on it and |
00:02:47 | 00:02:50 | it'll bring up some different |
00:02:48 | 00:02:53 | information you know what exactly is at |
00:02:50 | 00:02:54 | the garage sale things like that you |
00:02:53 | 00:02:56 | know you can get a brief description you |
00:02:54 | 00:02:58 | know if you're looking for books are you |
00:02:56 | 00:03:01 | looking for you know small appliances |
00:02:58 | 00:03:03 | you know receivers anything like that |
00:03:01 | 00:03:05 | electronics wise you can look and garage |
00:03:03 | 00:03:07 | sales are a great place to find items |
00:03:05 | 00:03:09 | another place is gonna be you know your |
00:03:07 | 00:03:11 | offer up in your Craigslist which are |
00:03:09 | 00:03:13 | basically you know your your local buy |
00:03:11 | 00:03:15 | buy and sell websites you know where you |
00:03:13 | 00:03:16 | can go and you know prices are |
00:03:15 | 00:03:19 | negotiable also I didn't mention that |
00:03:16 | 00:03:21 | about um garage sales I mean you find |
00:03:19 | 00:03:22 | items out these sales and if they're |
00:03:21 | 00:03:24 | wanting you know fifteen or twenty bucks |
00:03:22 | 00:03:27 | for it I mean you just shoot him an |
00:03:24 | 00:03:28 | offer uh you know you can negotiate and |
00:03:27 | 00:03:30 | try to get that price down as low as you |
00:03:28 | 00:03:32 | can and offer ups another great place as |
00:03:30 | 00:03:35 | well I mean you can sort it by |
00:03:32 | 00:03:36 | electronics so I mean if you want to go |
00:03:35 | 00:03:38 | in and you know sort of my electronic |
00:03:36 | 00:03:40 | and see all the newly list electronics |
00:03:38 | 00:03:42 | see if there's anything you know that |
00:03:40 | 00:03:44 | catches your eye you know you want to go |
00:03:42 | 00:03:46 | and research back on Amazon see if you |
00:03:44 | 00:03:48 | got possibly be profitable now some |
00:03:46 | 00:03:49 | other great places of source electronics |
00:03:48 | 00:03:52 | from are gonna be your local thrift |
00:03:49 | 00:03:54 | store so you know your goodwill and your |
00:03:52 | 00:03:55 | Salvation Army are gonna be some more |
00:03:54 | 00:03:57 | the popular ones but there's also you |
00:03:55 | 00:03:59 | know some smaller stores you know some |
00:03:57 | 00:04:01 | different you know like mom-and-pop |
00:03:59 | 00:04:03 | shops you know those are some great |
00:04:01 | 00:04:05 | places as a source as well and you know |
00:04:03 | 00:04:07 | prices aren't really negotiable at these |
00:04:05 | 00:04:10 | stores but still a great thing about |
00:04:07 | 00:04:12 | them is within the store you're able to |
00:04:10 | 00:04:13 | you know test each item so you're able |
00:04:12 | 00:04:15 | to go and make sure all the components |
00:04:13 | 00:04:17 | of the electronic work make sure you |
00:04:15 | 00:04:18 | know you know the ejection button works |
00:04:17 | 00:04:20 | you know all the different buttons you |
00:04:18 | 00:04:21 | know the plugins the sound and |
00:04:20 | 00:04:24 | everything works like that before you |
00:04:21 | 00:04:25 | actually go and purchase it and you know |
00:04:24 | 00:04:27 | the last place I'd recommend you source |
00:04:25 | 00:04:28 | from |
00:04:27 | 00:04:30 | not limiting you to just you know these |
00:04:28 | 00:04:33 | five or six but these are probably the |
00:04:30 | 00:04:35 | top five or six I recommend but eBay so |
00:04:33 | 00:04:37 | for instance you know let's just say you |
00:04:35 | 00:04:39 | went to you know a thrift store or |
00:04:37 | 00:04:41 | garage sale or offer up and you know you |
00:04:39 | 00:04:43 | found this you know the certain money |
00:04:41 | 00:04:45 | you found like a Panasonic and then the |
00:04:43 | 00:04:48 | certain model number you know you bought |
00:04:45 | 00:04:50 | it for $20 and you sold it for 250 on |
00:04:48 | 00:04:52 | Amazon so what you can do is you can add |
00:04:50 | 00:04:54 | that certain brand name and model number |
00:04:52 | 00:04:55 | to you know like a list you have on |
00:04:54 | 00:04:56 | google dogs or something like that |
00:04:55 | 00:04:58 | just keep the history of what you |
00:04:56 | 00:05:00 | purchased that product for you know it's |
00:04:58 | 00:05:02 | fine that you should be looking for what |
00:05:00 | 00:05:05 | you can do on eBay because eBay you have |
00:05:02 | 00:05:07 | access to you know everyone in the world |
00:05:05 | 00:05:08 | that could be possibly selling that item |
00:05:07 | 00:05:10 | and you know maybe once a month you come |
00:05:08 | 00:05:12 | in and you just go through your whole |
00:05:10 | 00:05:13 | list that you have on Google so you know |
00:05:12 | 00:05:15 | you're gonna type in you're gonna type |
00:05:13 | 00:05:16 | in Panasonic and that certain model |
00:05:15 | 00:05:19 | number you're gonna see if any new |
00:05:16 | 00:05:21 | sellers have listed that certain model |
00:05:19 | 00:05:23 | and then you can possibly see if you can |
00:05:21 | 00:05:24 | you know negotiate maybe send them an |
00:05:23 | 00:05:26 | offer and see if you can get that |
00:05:24 | 00:05:28 | product purchase that product have them |
00:05:26 | 00:05:29 | ship it directly to you so you know you |
00:05:28 | 00:05:31 | don't have to leave your house don't to |
00:05:29 | 00:05:33 | go you know go a garage so I'm gonna go |
00:05:31 | 00:05:35 | to a thrift store that seller will |
00:05:33 | 00:05:37 | literally send that brand name that |
00:05:35 | 00:05:38 | model directly to you to your house you |
00:05:37 | 00:05:40 | know and you've already sold it on |
00:05:38 | 00:05:42 | Amazon so you know it's gonna sell and |
00:05:40 | 00:05:43 | then you just send it back to Amazon and |
00:05:42 | 00:05:46 | wait for it to sell so that's kind of a |
00:05:43 | 00:05:47 | great way to you know scale your |
00:05:46 | 00:05:49 | business so you can go to this garage |
00:05:47 | 00:05:50 | sales and know thrift stores and keep |
00:05:49 | 00:05:52 | checking me and keep finding electronics |
00:05:50 | 00:05:53 | there but if you really want to scale |
00:05:52 | 00:05:55 | you need to find a way where you can |
00:05:53 | 00:05:57 | consistently you know find them quickly |
00:05:55 | 00:06:00 | and find them like you know throughout |
00:05:57 | 00:06:01 | the year so that's gonna be a great way |
00:06:00 | 00:06:03 | to you know really scale your business |
00:06:01 | 00:06:05 | really instead of you know going garage |
00:06:03 | 00:06:06 | selling I'm not even having to leave |
00:06:05 | 00:06:08 | your house have them shipped directly to |
00:06:06 | 00:06:10 | your house you know make a big shipment |
00:06:08 | 00:06:12 | and ship them back to Amazon so now that |
00:06:10 | 00:06:13 | you have a better understanding if you |
00:06:12 | 00:06:15 | know what I'm you should be looking for |
00:06:13 | 00:06:17 | what electronics you could properly be |
00:06:15 | 00:06:19 | resale and now you know where to source |
00:06:17 | 00:06:22 | them if it be garage sales you know |
00:06:19 | 00:06:24 | thrift stores um eBay or any other |
00:06:22 | 00:06:26 | websites the next step is the research |
00:06:24 | 00:06:28 | process so once you've gone up you know |
00:06:26 | 00:06:30 | to a garage so you've gone to a thrift |
00:06:28 | 00:06:32 | store and you're looking at ten |
00:06:30 | 00:06:34 | electronics and you want to see if any |
00:06:32 | 00:06:36 | of these are profitable it's gonna come |
00:06:34 | 00:06:37 | down to you being able to you know type |
00:06:36 | 00:06:39 | in the brand name type in that you know |
00:06:37 | 00:06:40 | model number of that product to see if |
00:06:39 | 00:06:41 | it's profitable |
00:06:40 | 00:06:43 | and there's a few different ways you can |
00:06:41 | 00:06:45 | do this but I highly recommend you just |
00:06:43 | 00:06:47 | use the Amazon seller app it's free if |
00:06:45 | 00:06:50 | you have an amazon seller account and |
00:06:47 | 00:06:51 | once you're in the app I need to do is |
00:06:50 | 00:06:53 | hit the scan feature in the top right |
00:06:51 | 00:06:55 | corner and it's gonna basically bring |
00:06:53 | 00:06:57 | your a QR scanner out you can either |
00:06:55 | 00:06:59 | scan you know the barcode of an item for |
00:06:57 | 00:07:01 | instance you know on the back of this |
00:06:59 | 00:07:04 | there's gonna be a bar code you can scan |
00:07:01 | 00:07:05 | the barcode on that box and the Amazon |
00:07:04 | 00:07:07 | seller app is gonna bring down that |
00:07:05 | 00:07:08 | exact product listing you know it's |
00:07:07 | 00:07:10 | going to show you the sales ring for |
00:07:08 | 00:07:11 | that product and for those who don't |
00:07:10 | 00:07:14 | know what the sales rep represents and |
00:07:11 | 00:07:16 | Bray percents you know how often that |
00:07:14 | 00:07:18 | product is selling on Amazon so the |
00:07:16 | 00:07:19 | lower the sales rate of the more often |
00:07:18 | 00:07:22 | is selling so you want to be looking for |
00:07:19 | 00:07:23 | a really really low sales ring when it |
00:07:22 | 00:07:25 | comes to electronics I recommend you |
00:07:23 | 00:07:27 | stay under like a hundred thousand for |
00:07:25 | 00:07:28 | you know quick sale but if it's really |
00:07:27 | 00:07:31 | really profitable and you can possibly |
00:07:28 | 00:07:33 | like you know 100 150 200 dollars profit |
00:07:31 | 00:07:35 | on you can sit on it for a couple months |
00:07:33 | 00:07:36 | you know pick up maybe 50 cents to a |
00:07:35 | 00:07:38 | dollar in storage fees and just wait a |
00:07:36 | 00:07:40 | little bit longer for it so that's |
00:07:38 | 00:07:42 | really all up to you but once it pulls |
00:07:40 | 00:07:44 | down the listing you're also gonna be |
00:07:42 | 00:07:45 | able to see all the offers for those |
00:07:44 | 00:07:47 | products you know you'll be able to see |
00:07:45 | 00:07:49 | the merchant offers and the FBA offers |
00:07:47 | 00:07:52 | remember you're an FBA seller so you're |
00:07:49 | 00:07:53 | gonna be competing mainly with the FBA |
00:07:52 | 00:07:55 | offers because those are the offers that |
00:07:53 | 00:07:57 | are going to contain the you know the |
00:07:55 | 00:07:58 | free two-day prime shipping for all the |
00:07:57 | 00:08:01 | prime members out there so make sure |
00:07:58 | 00:08:03 | your pricing yours competitively to the |
00:08:01 | 00:08:06 | current FBA offers not the merchant |
00:08:03 | 00:08:07 | sellers and you know if the item doesn't |
00:08:06 | 00:08:09 | have a barcode you know for instance you |
00:08:07 | 00:08:11 | know you come up to a printer like this |
00:08:09 | 00:08:12 | there's no barcode on there just you |
00:08:11 | 00:08:14 | know to scan cuz it's not in its |
00:08:12 | 00:08:15 | original packaging it's what you're |
00:08:14 | 00:08:18 | gonna do is basically you're gonna type |
00:08:15 | 00:08:20 | in you know the brand name of that |
00:08:18 | 00:08:22 | product so this is samsung and then |
00:08:20 | 00:08:26 | you're gonna find the model number looks |
00:08:22 | 00:08:28 | like HP Deskjet you know three five to |
00:08:26 | 00:08:30 | one I think I can't really see right now |
00:08:28 | 00:08:33 | but you're gonna type in you know the |
00:08:30 | 00:08:35 | brand name and the model number back on |
00:08:33 | 00:08:37 | to the Amazon seller app or you can even |
00:08:35 | 00:08:39 | do it on Amazon as well either one works |
00:08:37 | 00:08:41 | and just go through and see the pricing |
00:08:39 | 00:08:43 | you know see if you can possibly you |
00:08:41 | 00:08:45 | know make some money but I usually I |
00:08:43 | 00:08:47 | really like doing it you know on the app |
00:08:45 | 00:08:48 | because you know first off it's from |
00:08:47 | 00:08:50 | your mobile phone so you can really do |
00:08:48 | 00:08:51 | it with one hand or two hands you can do |
00:08:50 | 00:08:52 | it on the go you don't the care you know |
00:08:51 | 00:08:53 | a giant computer with you or anything |
00:08:52 | 00:08:55 | like |
00:08:53 | 00:08:57 | that it's gonna bring up you know a page |
00:08:55 | 00:08:59 | like this you know it's got the title |
00:08:57 | 00:09:01 | the sales rank picture of the product |
00:08:59 | 00:09:03 | then it's gonna have the offers remember |
00:09:01 | 00:09:05 | you're gonna be competing with the FBA |
00:09:03 | 00:09:07 | offers not these offers these are the |
00:09:05 | 00:09:08 | merchant sellers this is Amazon you |
00:09:07 | 00:09:11 | usually don't have electronics in stok |
00:09:08 | 00:09:13 | especially if it's used that you'll be |
00:09:11 | 00:09:16 | competing with the FB offers and what |
00:09:13 | 00:09:18 | you can do is you know you can use the |
00:09:16 | 00:09:19 | calculator within the Amazon seller app |
00:09:18 | 00:09:23 | so you just hit this arrow right here |
00:09:19 | 00:09:26 | and unfortunate to show you I'll also |
00:09:23 | 00:09:28 | link this link this exact page in the |
00:09:26 | 00:09:30 | description of this YouTube video and if |
00:09:28 | 00:09:32 | I don't someone comment below and remind |
00:09:30 | 00:09:33 | me to put it back in cuz sometimes I |
00:09:32 | 00:09:35 | forget but you know you can click that |
00:09:33 | 00:09:37 | arrow and you can go and you can put in |
00:09:35 | 00:09:39 | you know if you want to try to sell for |
00:09:37 | 00:09:40 | $40 you put in a foil our price point |
00:09:39 | 00:09:42 | you know it's gonna calculate what |
00:09:40 | 00:09:44 | exactly the fees are gonna be to sell |
00:09:42 | 00:09:46 | that product for $40 and you can also |
00:09:44 | 00:09:48 | just put in what you bought it for and |
00:09:46 | 00:09:50 | see what your profits going to be so you |
00:09:48 | 00:09:52 | know if you want to make at least a $50 |
00:09:50 | 00:09:54 | or $100 profit you're got the price it |
00:09:52 | 00:09:55 | for X amount if you're buying it for X |
00:09:54 | 00:09:57 | amount and the fees are gonna be this |
00:09:55 | 00:10:00 | amount something you really have to |
00:09:57 | 00:10:01 | consider um win you know going and doing |
00:10:00 | 00:10:03 | your research and calculating how much |
00:10:01 | 00:10:05 | you're gonna be able to make on this |
00:10:03 | 00:10:07 | electronic so now that you know how the |
00:10:05 | 00:10:08 | process works you know locations that |
00:10:07 | 00:10:10 | you can source from and not doing your |
00:10:08 | 00:10:12 | research I actually want to show you a |
00:10:10 | 00:10:13 | few live examples off the top of my head |
00:10:12 | 00:10:16 | to show you that this is actually a |
00:10:13 | 00:10:18 | really really extremely profitable model |
00:10:16 | 00:10:20 | so for instance we're just going to go |
00:10:18 | 00:10:22 | in to offer up breezy is you can use |
00:10:20 | 00:10:24 | this on your mobile phone as well or on |
00:10:22 | 00:10:26 | the computer and I'm just gonna type in |
00:10:24 | 00:10:27 | printer now like I mentioned you want to |
00:10:26 | 00:10:29 | find sub nook you know already has you |
00:10:27 | 00:10:31 | know the brand name kind of out there |
00:10:29 | 00:10:32 | and the model number is small so you |
00:10:31 | 00:10:34 | know you just copy and paste it back to |
00:10:32 | 00:10:36 | Amazon so this one that really caught my |
00:10:34 | 00:10:37 | no $60 |
00:10:36 | 00:10:39 | condition looks really good that the |
00:10:37 | 00:10:42 | model number right here you notike go |
00:10:39 | 00:10:46 | copy that now you can just come back to |
00:10:42 | 00:10:48 | Amazon and just paste it in there and |
00:10:46 | 00:10:50 | search and then it's gonna come up with |
00:10:48 | 00:10:53 | the listing for this printer now there's |
00:10:50 | 00:10:56 | two main cartridges for it so here's the |
00:10:53 | 00:10:59 | printer I see you see a $399 price point |
00:10:56 | 00:11:00 | which is pretty high so we'll come over |
00:10:59 | 00:11:03 | here and we'll look at all the offers |
00:11:00 | 00:11:04 | for this product now something that |
00:11:03 | 00:11:06 | should be catching your eyes |
00:11:04 | 00:11:08 | none of these have like a little |
00:11:06 | 00:11:10 | I'm stiker around them which means none |
00:11:08 | 00:11:12 | of these are FBA sellers these are all |
00:11:10 | 00:11:14 | merchant fulfilled stars now you can see |
00:11:12 | 00:11:18 | there's two sellers for you know around |
00:11:14 | 00:11:20 | $180 totally using good condition now |
00:11:18 | 00:11:21 | you're an FBI you know you have you're |
00:11:20 | 00:11:23 | gonna have the prime benefits you're |
00:11:21 | 00:11:24 | gonna have the benefits filled with you |
00:11:23 | 00:11:26 | know price higher than these merchant |
00:11:24 | 00:11:28 | fulfilled items because you know people |
00:11:26 | 00:11:31 | were impatient you know people will pay |
00:11:28 | 00:11:33 | extra you know 30 40 50 $100 extra just |
00:11:31 | 00:11:35 | you know for the two day prime |
00:11:33 | 00:11:36 | because you know people need stuff and |
00:11:35 | 00:11:38 | you know they're impatient and they |
00:11:36 | 00:11:39 | don't want to buy from these other you |
00:11:38 | 00:11:41 | know random third-party sellers they |
00:11:39 | 00:11:42 | want to buy from you know Amazon they |
00:11:41 | 00:11:45 | want the free two-day shipping so a |
00:11:42 | 00:11:48 | product like this they have it for you |
00:11:45 | 00:11:49 | know $60 now obviously that's negotiable |
00:11:48 | 00:11:51 | you could always just give them an offer |
00:11:49 | 00:11:53 | see if you get it for maybe around 30 or |
00:11:51 | 00:11:55 | 40 something like that so let's just say |
00:11:53 | 00:11:57 | I mean you can negotiate with the |
00:11:55 | 00:11:58 | supplier I mean I mean not the supplier |
00:11:57 | 00:12:00 | but this person and maybe you can get |
00:11:58 | 00:12:02 | this down to you know forty five dollars |
00:12:00 | 00:12:05 | so you're by Acosta's you know forty |
00:12:02 | 00:12:07 | five dollars and you know these are the |
00:12:05 | 00:12:09 | lowest prices you know 180 total well |
00:12:07 | 00:12:12 | I'd say I would price this at least |
00:12:09 | 00:12:14 | around 230 to 240 you know with because |
00:12:12 | 00:12:16 | you know I'm selling prime and you know |
00:12:14 | 00:12:19 | the condition looks really good on this |
00:12:16 | 00:12:20 | I mean lightly used you could sell this |
00:12:19 | 00:12:22 | you know very good maybe like new |
00:12:20 | 00:12:25 | condition if it's like really really |
00:12:22 | 00:12:27 | good so easily easily you could sell it |
00:12:25 | 00:12:29 | for you know 200 to 210 dollars and you |
00:12:27 | 00:12:31 | know selling something for $210 you know |
00:12:29 | 00:12:33 | it's kind of big the thing about |
00:12:31 | 00:12:35 | electronics is you know the profits are |
00:12:33 | 00:12:36 | gonna be really big but it's also kind |
00:12:35 | 00:12:38 | of a hassle because it's bigger you know |
00:12:36 | 00:12:40 | it's gonna be it like I don't know maybe |
00:12:38 | 00:12:42 | a foot by like another 10 or probably |
00:12:40 | 00:12:44 | like a foot by foot and they're gonna be |
00:12:42 | 00:12:46 | pretty heavy so I mean is it worth your |
00:12:44 | 00:12:47 | time to go you know take an extra 10 or |
00:12:46 | 00:12:50 | 15 minutes on your day and package one |
00:12:47 | 00:12:53 | up if it's gonna make you know 100 150 |
00:12:50 | 00:12:54 | 200 profit so that's a quick example |
00:12:53 | 00:12:57 | right there let's see if I can find |
00:12:54 | 00:12:59 | another one and that's a relatively |
00:12:57 | 00:13:01 | small print or two I'm you know here's a |
00:12:59 | 00:13:04 | bigger one kind of more of an odd shape |
00:13:01 | 00:13:06 | you know a brother brothers or is a |
00:13:04 | 00:13:08 | really good printer brand let's go ahead |
00:13:06 | 00:13:10 | and look this one up they want $54 for |
00:13:08 | 00:13:14 | this one once again that price can be |
00:13:10 | 00:13:19 | negotiated down let's see |
00:13:14 | 00:13:20 | I want a 54 for it and see the lowest |
00:13:19 | 00:13:24 | price looks |
00:13:20 | 00:13:26 | the 124 words seems really low six |
00:13:24 | 00:13:29 | basically $55 shipping so the price |
00:13:26 | 00:13:31 | point is you know around $180 again you |
00:13:29 | 00:13:33 | know then it jumps all the way up to 300 |
00:13:31 | 00:13:35 | from another seller so you know if |
00:13:33 | 00:13:37 | you're worried about the sellers price |
00:13:35 | 00:13:39 | going too low you can just wait for this |
00:13:37 | 00:13:41 | seller to sell out you know pricier is |
00:13:39 | 00:13:43 | around 300 350 because remember you're |
00:13:41 | 00:13:46 | selling FBA having prime shipping so you |
00:13:43 | 00:13:48 | can easily sell this for around at least |
00:13:46 | 00:13:50 | 350 to probably $400 if you sit on it |
00:13:48 | 00:13:52 | and even if you do if it takes a couple |
00:13:50 | 00:13:54 | month to sell even if it is a bigger |
00:13:52 | 00:13:56 | item I mean you're gonna be spending |
00:13:54 | 00:13:58 | maybe maybe over the course of you know |
00:13:56 | 00:14:00 | five to six months maybe a couple |
00:13:58 | 00:14:02 | dollars in storage fees depending on you |
00:14:00 | 00:14:05 | know how much space the item takes up |
00:14:02 | 00:14:07 | and how heavy it is so even if you spend |
00:14:05 | 00:14:09 | like five dollars in storage fees or |
00:14:07 | 00:14:11 | seven you know over a couple months but |
00:14:09 | 00:14:13 | you're making you know 200 $300 profit |
00:14:11 | 00:14:16 | on it it's definitely worth it that's |
00:14:13 | 00:14:18 | another item right there and another |
00:14:16 | 00:14:20 | good thing I recommend is know instead |
00:14:18 | 00:14:21 | of printer may be changed up every once |
00:14:20 | 00:14:23 | in a while look up you know something |
00:14:21 | 00:14:25 | like you know new printer maybe |
00:14:23 | 00:14:27 | something that's still you know never |
00:14:25 | 00:14:29 | used maybe you can still get it for a |
00:14:27 | 00:14:31 | really good price point and you know |
00:14:29 | 00:14:34 | make a really good profit on it so see |
00:14:31 | 00:14:35 | that looks kind of yours right here |
00:14:34 | 00:14:38 | looks like it stalls bubble wrap in the |
00:14:35 | 00:14:40 | packaging no new never used open box I |
00:14:38 | 00:14:42 | mean you could still you can still sell |
00:14:40 | 00:14:45 | this like brand new let's see what |
00:14:42 | 00:14:48 | they're selling it for they want $65 for |
00:14:45 | 00:14:49 | and this offer has been up for a week so |
00:14:48 | 00:14:51 | obviously no one's had any interest in |
00:14:49 | 00:14:54 | it so you can easily at least get it for |
00:14:51 | 00:14:56 | probably $40 I'd say you know you can go |
00:14:54 | 00:15:00 | pick it up from them let's see |
00:14:56 | 00:15:02 | so 130 but I guarantee that's gonna be a |
00:15:00 | 00:15:04 | used offer from probably a merchant |
00:15:02 | 00:15:06 | fulfilled seller and remember this is |
00:15:04 | 00:15:08 | new so we're gonna be competing against |
00:15:06 | 00:15:09 | the new seller prices and as you can see |
00:15:08 | 00:15:13 | Wow |
00:15:09 | 00:15:15 | new seller price is $1,200 $1,200 I |
00:15:13 | 00:15:17 | think that's a bit unrealistik |
00:15:15 | 00:15:20 | considering you know the highest use |
00:15:17 | 00:15:23 | price is 319 so I probably would not |
00:15:20 | 00:15:25 | price mine at 1200 I mean I could easily |
00:15:23 | 00:15:27 | price it you know anywhere from four to |
00:15:25 | 00:15:28 | five hundred dollars and wait for that |
00:15:27 | 00:15:31 | person you know once the new printer is |
00:15:28 | 00:15:32 | gonna you know pay a little bit extra to |
00:15:31 | 00:15:34 | get the new doesn't want anything use |
00:15:32 | 00:15:36 | that could possibly have |
00:15:34 | 00:15:39 | and even if worse comes to worse you |
00:15:36 | 00:15:41 | could list up for literally $350 and |
00:15:39 | 00:15:43 | still make a ton of money even if you're |
00:15:41 | 00:15:45 | getting it even if you pay full price he |
00:15:43 | 00:15:48 | pays $65 and you know you're pricing |
00:15:45 | 00:15:50 | your new condition of just above you |
00:15:48 | 00:15:52 | know the highest used condition one |
00:15:50 | 00:15:55 | you're still gonna make I don't know |
00:15:52 | 00:15:58 | probably $250 profit or or up depending |
00:15:55 | 00:16:00 | on what the fees are so those are just a |
00:15:58 | 00:16:01 | few examples of you know just going |
00:16:00 | 00:16:04 | through you know searching printer you |
00:16:01 | 00:16:05 | know nuprin or maybe DVD player maybe |
00:16:04 | 00:16:08 | new DVD player just going through and |
00:16:05 | 00:16:09 | seeing what electronics that you can |
00:16:08 | 00:16:11 | find that there's already pictures out |
00:16:09 | 00:16:12 | there already has the brand name you |
00:16:11 | 00:16:15 | know the model number saying quickly |
00:16:12 | 00:16:17 | search it back on Amazon you know you |
00:16:15 | 00:16:19 | can make some money on you send them |
00:16:17 | 00:16:20 | your best offer see what you can get it |
00:16:19 | 00:16:22 | for and just keep consistently you know |
00:16:20 | 00:16:24 | building the business you know going to |
00:16:22 | 00:16:26 | offer up you know craigslist garage |
00:16:24 | 00:16:28 | sales thrift stores ebay consistently be |
00:16:26 | 00:16:30 | sourcing different products different |
00:16:28 | 00:16:32 | electronics you know it's the main |
00:16:30 | 00:16:34 | portion of this video is electronics as |
00:16:32 | 00:16:35 | you know you can give him super cheaply |
00:16:34 | 00:16:37 | and just the margins are absolutely |
00:16:35 | 00:16:38 | insane and that's how you're gonna be |
00:16:37 | 00:16:40 | able to scale your business you know |
00:16:38 | 00:16:43 | $3,000 a month you know five thousand |
00:16:40 | 00:16:45 | ten thousand and beyond so that's it for |
00:16:43 | 00:16:48 | this video on how you can make an extra |
00:16:45 | 00:16:50 | three thousand dollars and up a month |
00:16:48 | 00:16:53 | selling used electronics on amazon FBA |
00:16:50 | 00:16:54 | you know if you enjoyed this video make |
00:16:53 | 00:16:56 | sure you comment below with any |
00:16:54 | 00:16:57 | questions that you might have about this |
00:16:56 | 00:16:59 | you know i'll try to get back to you as |
00:16:57 | 00:17:00 | soon as i can on those questions you |
00:16:59 | 00:17:02 | know make sure you like and subscribe |
00:17:00 | 00:17:04 | i'm always putting out you know really |
00:17:02 | 00:17:06 | informational content related video |
00:17:04 | 00:17:07 | around entrepreneurship you know making |
00:17:06 | 00:17:09 | money online so if you do enjoy those |
00:17:07 | 00:17:10 | that kind of stuff you know make sure |
00:17:09 | 00:17:14 | you subscribe and then that note i'll |
00:17:10 | 00:17:14 | see you guys next video |
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